oil prices

Oil markets, OPEC, enter the endgame for the Age of Oil

2 major events shocked oil markets last week. They marked the start of (a) the endgame for the Age of Oil and (b) the paradigm shift to the Circular Economy and the new Age of Energy Abundance.  The new ‘Net Zero by 2050’ report from the International Energy Agency (IEA) was the first shock: It

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Petrochemicals must face up to multiple challenges

Europe’s petrochemical sector must prepare now for the trade war, US start-ups, Brexit and the circular economy, as I discuss in this interview with Will Beacham of ICIS news  at the European Petrochemical Association Conference. With higher tariff barriers going up between the US and China, the market in Europe is likely to experience an influx of […]

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Consensus views on growth, commodity regulation, start to change

In early March, the blog described itself as feeling like “a lonely voice, focused on what is really happening in the real world”.   But gradually since then, the consensus view on growth and commodities regulation has begun to shift in its direction.  For example, a recent New York Times article on China by Nobel Prize-winner Paul Krugman could have […]

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